Dan Jones

“For every £100 that comes into Premier League football clubs, £67 goes out on the wage bill - that's too high," said Deloitte's Dan Jones.”

“Mr Jones, the editor of Deloitte's Annual Review of Football Finance, said the wages ratio was above the 58% to 63% of the past decade.”

“The wage bills of Premier League clubs have recorded double-digit percentage growth for three years running. In 2008/09 they were up by £132m, or 11%, to £1.3bn.”

“Total wages have grown by 55%, or £474m, in that three-year period.”

“And he said that the wages ratio in the Football League was 86% as a whole and 90% in the Championship.”

“The challenging economic environment meant that revenue growth at Premier League clubs was restricted to 3% - leaving it just short of the the £2bn level, at £1.981m.”

“Only 10 of the 20 top league clubs made an operating profit in 2008/09, one less than a year before.”

“Premier League club's net debt at the end of the 2008/09 season had increased to £3.3bn from £3.2bn the year before.”

“Almost two-thirds, or more than £1.9bn, of the total net debt related to Arsenal, Chelsea, Liverpool and Manchester United.”